Title Costco Wholesale Profit Increases on Gasoline, Grocery Sales
Description: Costco Wholesale Corp. posted a 17 percent increase in first-quarter profit, surpassing some analystsà estimates, as membership fees boosted revenue for the largest U.S. warehouse-club chain
Source: Bloomberg.com
Date: 12/08/2010
C-T Economic Analysis, Â Company Analysis – Investing Strategies, Stocks
Link: http://www.bloomberg.com/news/2010-12-08/costco-wholesale-first-quarter-profit-gains-17-on-gasoline-grocery-sales.html
Questions for discussion: Â Summarize and evaluate the results reported in the article? What stock price would you put on Costco? Do you think these results indicate anything that can be generalized for the economy as a whole?
Description: Costco Wholesale Corp. posted a 17 percent increase in first-quarter profit, surpassing some analystsà estimates, as membership fees boosted revenue for the largest U.S. warehouse-club chain
Source: Bloomberg.com
Date: 12/08/2010
Questions for discussion:
- Summarize and evaluate the results reported in the article?
- What stock price would you put on Costco?
- Do you think these results indicate anything that can be generalized for the economy as a whole?
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